Founded Year

2012

Stage

Series D | Alive

Total Raised

$209.53M

Last Raised

$100M | 2 yrs ago

About Onfido

Onfido delivers an AI-based technology with facial biometrics to assess whether a user's government-issued ID is genuine or fraudulent.

Onfido Headquarters Location

3 Finsbury Avenue

London, England, EC2M 2PA,

United Kingdom

ESPs containing Onfido

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

These companies offer solutions that verify identities to help banks, payment providers, ecommerce marketplaces, and fintechs comply with know your customer (KYC), antimoney laundering (AML) and counter-terrorist financing (CTF) regulations. This includes customer onboarding, continuous transaction monitoring, and fraud detection.

Onfido named as Leader among 12 other companies, including Jumio, Trulioo, and ComplyAdvantage.

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Onfido's Products & Differentiation

See Onfido's products and how their products differentiate from alternatives and competitors

  • Onfido Real Identity Platform

    Build trust with your customers using a flexible, end-to-end identity verification platform. Powered by Atlas™ AI, the Onfido Real Identity Platform allows you to orchestrate award-winning document and biometric verifications, trusted data sources, and fraud detection signals.

    Differentiation

    https://onfido.com/solutions/our-solutions 

Expert Collections containing Onfido

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Onfido is included in 14 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

B

Banking

1,117 items

R

Regtech

1,609 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

S

Smart Cities

1,931 items

F

Fintech 250

998 items

Onfido Patents

Onfido has filed 9 patents.

The 3 most popular patent topics include:

  • Machine learning
  • Image processing
  • Artificial neural networks
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/22/2018

4/19/2022

Biometrics, Machine learning, Artificial neural networks, Acoustics, Classification algorithms

Grant

Application Date

8/22/2018

Grant Date

4/19/2022

Title

Related Topics

Biometrics, Machine learning, Artificial neural networks, Acoustics, Classification algorithms

Status

Grant

Latest Onfido News

Oz Forensics, AppsFlyer and OutSystems have made the most strategic move to capitalize on Philippines' fintech market

Aug 12, 2022

MANILA, Aug 12, 2022 - (ACN Newswire) - Southeast Asia's most renowned FSI event, World Financial Innovation Series (WFIS), is now ready to disrupt Philippines' fintech market with its inaugural edition in the country. To give an estimate of the country's burgeoning market, the first half of 2021 witnessed a total funding of $342 million garnered by the country's fintech firms, more than double of what was raised throughout 2020. The event platform that has had a history of sharing the latest intel from financial services industry and facilitating collaboration opportunities for the industry giants, will now be led by Oz Forensics, Onfido, Snowflake, Kissflow, AppsFlyer, Nucleus Software, Seon, OutSystems, GBG, Expleo, Freshworks, Redstar, GrabForBusiness, Feedzai, Panamax Inc., Pennant Technologies, Genesys, Exist, Goldpac Fintech, Infobip and Mambu at its upcoming edition. These organizations will have their exclusive exhibition booth at the event that's scheduled for 16 - 17 August 2022 at the Sofitel Philippine Plaza in Manila, Philippines. Apart from showcasing their cutting-edge solutions, some of them will also take part in the conference to share their crucial industry insights and expertise. One of the confirmed speakers, Serge Malgin (Chief Commercial Officer, Oz Forensics) while talking about his expectations from the event commented, "I'm glad to be part of the first Philippines edition of WFIS 2022. The Philippines represents a strategic market where we want to invest more in the upcoming years. Our panel will be focused on sharing our expertise around preventing and lowering the risk of biometric frauds. In fact, thanks to our cutting-edge technology we run more than 500,000 biometrics check every day across 18 + countries. In the last year 1% of total check was a potential attack successfully solved. Considering our major work in financial segment this turns into a very profitable technology that protected our clients from huge potential loss." "We take our role seriously and we try to develop always the best approach and a custom experience for all the different business we operate in. We cannot wait to work with all the Philippines companies that will attend the event," he added further. WFIS 2022 - Philippines, will host 400+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country. The event will also feature 25+ most inspirational thought leaders and experts from FSI & Tech who will participate as speakers to shed light on the most pressing industry topics. The event will power two knowledge-packed days filled with insightful presentations, fireside chats, deep dive panel discussions, Q&As, live showcase of the best FSI & fintech solutions coupled with abundant networking opportunities and a lot more. Varun Budhiraja, Account Executive at AppsFlyer gave a noteworthy insight concerning the fintech landscape, he said, "When engaging with FinTech & banking apps, mobile has become central to the customer experience in the Philippines, which particularly peaked during lockdowns. While primarily the goal for marketers is to be able to optimize growth through different types of campaigns, the process to achieve this could be complex. Creating seamless user profile across every touchpoint is a messy, challenging and often incomplete process. That's why those that have the mobile-first and mobile-only advantages are standing out in the competitive market." WFIS 2022 - Philippines also aims to promote the objectives of Bangko Sentral ng Pilipinas (BSP) and aid the organization in sharing its vision with the country's FSI community. In a statement issued, following OutSystems' participation announcement, Gary Romualdez (Country Manager Philippines, OutSystems) expressed, "It's a pleasure to be participating in World Financial Innovation Series (WFIS), live in the Philippines where industries alike from FSIs and Techs get together to discuss and learn the latest disruptive innovations within the Fintech industry. OutSystems is glad to be part of this event to share about how OutSystems High Performance Low Code solution, is able to help financial institutions automate processes, integrate solutions, and build complex UI/UX to give their customers the best-in-class experience with layers of security, that reduces the effort of organizations to be compliant and secure on the cloud without sacrificing the speed and flexibility of developing custom solutions for their customers." For more information about the event, log on to: https://philippines.worldfis.com/ About Tradepass Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers. As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth. Media contact:

Onfido Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Onfido Rank

  • When was Onfido founded?

    Onfido was founded in 2012.

  • Where is Onfido's headquarters?

    Onfido's headquarters is located at 3 Finsbury Avenue, London.

  • What is Onfido's latest funding round?

    Onfido's latest funding round is Series D.

  • How much did Onfido raise?

    Onfido raised a total of $209.53M.

  • Who are the investors of Onfido?

    Investors of Onfido include Salesforce Ventures, M12, Crane Venture Partners, TPG Growth, SBI Group and 19 more.

  • Who are Onfido's competitors?

    Competitors of Onfido include IDnow, Ping Identity, ID-Pal, Clausematch, Unit21, Mobbeel, BehavioSec, Unico, Prove, Sedicii and 50 more.

  • What products does Onfido offer?

    Onfido's products include Onfido Real Identity Platform.

  • Who are Onfido's customers?

    Customers of Onfido include TSB Bank and Millenium Bank.

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